First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Purchased by EdgeRock Capital LLC

EdgeRock Capital LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 24.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 46,017 shares of the company’s stock after acquiring an additional 9,148 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers accounts for about 1.8% of EdgeRock Capital LLC’s holdings, making the stock its 12th biggest position. EdgeRock Capital LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,721,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after acquiring an additional 953,708 shares during the period. JPMorgan Chase & Co. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 135.8% in the third quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company’s stock valued at $66,838,000 after purchasing an additional 650,194 shares during the last quarter. HighTower Advisors LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% in the third quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company’s stock valued at $75,007,000 after buying an additional 406,747 shares in the last quarter. Benjamin Edwards Inc. increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5,198.7% in the third quarter. Benjamin Edwards Inc. now owns 336,786 shares of the company’s stock valued at $19,947,000 after buying an additional 330,430 shares in the last quarter. Finally, Spectrum Wealth Advisory Group LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth $12,392,000.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.2 %

First Trust NASDAQ Rising Dividend Achievers stock opened at $61.36 on Tuesday. The firm’s 50-day simple moving average is $61.24 and its 200 day simple moving average is $60.26. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $52.26 and a 52 week high of $64.63. The firm has a market capitalization of $13.39 billion, a PE ratio of 14.00 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.2956 dividend. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust NASDAQ Rising Dividend Achievers

The First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund tracks an index of 50 large-cap stocks with rising, high-quality dividends. RDVY was launched on Jan 6, 2014 and is managed by First Trust.